LNG Shipping Stocks: Summer Season Is Near
Cheniere(LNG) Seeking Alpha·2024-06-24 14:41
SHansche Summary The UP World LNG Shipping Index gained 1.17% last week, correcting the previous week's drop. Of the constituents, the most gained FLEX LNG, followed by Golar LNG. Awilco LNG and Japan companies led the drop. With the nearing end of the second quarter, the summer season is close, which will bring positive momentum for LNG shipping stocks. UPI and SPX Last week, UPI, which tracks listed LNG shipping companies, gained 1.83 points or 1.17%, closing at 157.27 points. In contrast, the S&P 500 ind ...